Fed Keeps Key Rate Unchanged But Hints of Coming Hike
WASHINGTON — The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year's end. The Fed said in a statement ending its latest policy meeting...
View ArticleUnited Federal Credit Union Wins Top Honor at Best Places to Work Awards
Arkansas Business and the Best Companies Group on Wednesday honored 29 Arkansas companies with "Best Places to Work" awards, which honor firms that have exceptional workplace environments. Among the...
View ArticleRockwater Village Named Among Southern Living's 'Inspired Communities'
Rockwater Village of North Little Rock has been named among Southern Living magazine's "Southern Living Inspired Communities." The magazine has named 18 communities to the list, billed as a "collection...
View ArticleDeveloper Brandon Woodrome Pleads Guilty to Fraud
Brandon Woodrome, a northwest Arkansas real estate developer, has pleaded guilty to one count each of bank fraud and wire fraud, according to Kenneth Elser, the U.S. Attorney for the Western District...
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Wells Fargo’s Other Victims (Gwen Moritz Editor's Note)
Last week in this space I wrote about what the egregious corporate behavior of Wells Fargo Bank does to innocent competitors in the banking industry, especially the little banks that must meet most of...
View ArticleFayetteville's Legacy Building Bought for $3.2M (NWA Real Deals)
An investment group paid $3.2 million for 13 condominiums in the Legacy Building at 401 W. Watson St. in Fayetteville. The Legacy Investors Group LLC, led by Mitchell Massey and Todd Ross, bought the...
View ArticleClean Line Meets Resistance from Arkansas Lawmakers
Who wouldn’t support a project that promises to bring cheap, clean power to 160,000 Arkansas homes along with hundreds of jobs and tens of millions of dollars for state landowners and schools? Well,...
View ArticleMaumelle Villas Moved in $8.5 Million Deal
Townhomes in Maumelle, a future Nissan dealership site in Benton and timberland in eastern Saline County provide our trio of multimillion-dollar real estate transactions this week. ♦ EIIC LLC, led by...
View ArticleJohn Rogers Lakewood Mansion Sold for $1.3M
A couple last month bought the foreclosed Lakewood mansion of troubled North Little Rock businessman John Rogers. Richard and Patricia Elimon purchased the 12,449-SF home overlooking Lake No. 1 for...
View ArticleArkansas Title Group Wants Claim of Real Estate Market
Heard about a new real estate title venture about to make the scene led by a familiar face? Mike Pryor, former CEO of Lenders Title Co., is behind Arkansas Title Group. The opening of an office in...
View ArticleBurgundy Book: Wages Increasing, Unemployment Declining
The unemployment rate in the Little Rock zone averaged 3.8 percent in the second quarter, its lowest rate on record according to the latest Little Rock Burgundy Book. The Fayetteville MSA unemployment...
View ArticleUS Pending Home Sales Slump in August
WASHINGTON — Fewer Americans signed contracts to buy homes in August, as a shortage of properties for sale is weighing on the market. The National Association of Realtors said Thursday its seasonally...
View ArticleColony West Shopping Center Sells for $7.1M
Sage Partners, a commercial real estate firm with offices in Fayetteville, Little Rock, Rogers and Bentonville, announced this week the purchase of the Colony West Shopping Center in Little Rock for...
View ArticleNeil Hubbard Moves Into GM Slot for Coldwell Banker NWA Offices (Movers &...
Neil Hubbard has been named general manager at Coldwell Banker Harris McHaney & Faucette in Fayetteville. Hubbard will be responsible for sales, marketing, operations and training for four offices...
View ArticleOakwood Apartments Sale Tops $6.5 Million (Real Deals)
A 240-unit apartment complex in Jacksonville weighed in at $6.55 million. AndMark Oakwood Apartments LLC, an affiliate of the AndMark real estate investment firm of Los Angeles, bought the Oakwood...
View ArticlePlans in Place for Siloam Springs Retail Center
Bentonville developer Jason Pullman said construction on a planned 11,300-SF retail center in Siloam Springs should begin in November after it gets approval from the city. The development will be...
View ArticleCenterton Property Purchased With Apartments Planned
A 250-unit apartment complex is planned in Centerton after a $2.2 million land purchase. Can-Ark Diamond Centerton, led by Rich Richardson, bought 20 acres southwest of the intersection of East...
View ArticleEdafio Technology Partners Grows in NorthShore
The IT firm Edafio Technology Partners of North Little Rock is expanding again. Edafio has outgrown its office at 5020 Northshore Drive, Suite 1, and is building an 8,500-SF, $2 million building in...
View ArticleWLR Winrock Warehouse Packaged in $2.5 Million Deal
Commercial property in west Little Rock, a monster tear-down transaction near the Country Club of Little Rock, land for a mini-storage project and a small office building in Chenal Valley provide an...
View ArticleJeffrey Hignight Promoted at Glaub Farm in Jonesboro (Movers & Shakers)
Jeffrey Hignight has been promoted to farm manager and real estate broker at Glaub Farm Management LLC in Jonesboro. He has been awarded the Accredited Land Consultant designation by the Realtors Land...
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